Tom Keatinge, Anton Moiseienko, Florence Keen, David Artingstall, and Helena Wood
This report considers how the UK AML regime should develop after the conclusion of the 2018 Financial Action Task Force Mutual Evaluation of the UK, to drive forward an approach that genuinely protects the UK’s financial integrity in practice (rather than in theory).
The spendthrift wife of a jailed Azerbaijani banker has emerged as the subject of the UK’s first Unexplained Wealth Order, but will the tool mature into an effective method of combatting ‘dirty money’ at the heart of London’s luxury property market?
All too often, any overlaps between crime and terror are seen as forming part of a single problem of the ‘crime/terror nexus’. In reality, they present a range of disparate issues that should be addressed in their proper context.
The rise of cyber-dependent crime highlights the challenges facing the anti-money laundering framework in a digital era. This should be viewed as a wake-up call as well as an opportunity to update and improve the antiquated regime.